How to Hit a Laguna Beach Short Sale Home Run

There’s one situation in which patience definitely is not a virtue. And that’s when making an offer on a Laguna Beach short sale home. In that case, split-second timing is the key to capturing a Laguna Beach property in our frenzied, high-demand marketplace. Yes, it takes quick reflexes to hit a Laguna Beach short sale home run.

How do you know when to swing? Think of yourself as a baseball player waiting for a sign. When the coach gestures hit, you swing full force. Your realtor is your home buying coach. When she says look at a property, you look. When she says make an offer, you jump in with your best number. It’s all about trust and confidence.  

The payoff for trust was exemplified in a recent success. For over a year, a couple had been working tirelessly with their agent to find a home. Zero results. Through a referral, the frustrated pair finally switched to The Coastal Property Experts and put their trust in our team. Good move. In fewer than 24 hours, CPE found the couple a beautiful Laguna Beach short sale condo hugging the crystal blue Pacific Ocean. The seller graciously accepted their full price offer, although it included a number of conditions like paying $9,000 in back HOA dues!The couple played ball with the Coastal Property Experts team, and they were rewarded with a major victory. And all in less than 24 hours!

You must have confidence in your agent, or get a new agent. Otherwise, you risk losing the home. Here are the factors to consider. 

Knowledge and Experience.  If your sights are set on a Laguna Beach home, especially a Laguna Beach short sale property, you don’t need to offer a good price. You need to offer the highest price! Believe me, the property drought of ’04, ’05, ’06 is nothing compared to the Sahara Desert we’re in now! It takes a very knowledgeable agent to craft an offer that includes the very best price and conditions. In other words, exactly what those choosy banks are looking for.

Relationships – Make sure your agent is known, loved, and respected by the other community agents. When identical offers come in to tie the score, it’s the popular agent who crosses home plate for the win.

Inspiration – While quick reflexes are the key to making offers, patience is essential during the closing phase. From offer to close, short sales generally take a minimum of 90 days. Eventually you’ll feel like you’re down to your last out, asking repeatedly ‘why isn’t the bank tossing that last baseball pitch we need? Should we give up?’ An on-top-of-it realtor will keep you in the batter’s box during the nail-biting waiting period. Believe me, once the bank fires the pitch you’ve been waiting for, you could have only 24 days to close. A savvy realtor will have you ready to round the bases.  

When looking for a Laguna Beach short sale property, or any Laguna Beach home, make sure your agent fulfills these requirements. Remember, your competition is the winning team at the Coastal Property Experts.